Hyundai Motor Group

This article is about the Hyundai Motor Group, a group of companies. For subsidiary Hyundai Motor Company, see Hyundai Motor Company.
Hyundai Motor Group
현대자동차그룹
Chaebol
Industry Conglomerate
Founded September 2000
Headquarters Seoul, South Korea
Area served
Worldwide
Key people
Chung Mong-koo
(Chairman & CEO)
Products Automotive, metals, stock, engineering, steel, mining
Revenue ₩251.375 trillion (2014)[1]
₩17.509 trillion (2014)[1]
Number of employees
249,366
Subsidiaries
  • Hyundai engineering& construction
  • Hyundai engineering (Amco)
Website hyundaimotorgroup.com
worldwide.hyundai.com
www.kiamotors.com

The Hyundai Motor Group (IPA: [hjə́ːndɛ]; Hangul: 현대자동차그룹 Hyeondae Jadongcha Geulub; hanja: 現代自動車그룹 Hyeondae Jadong-geo Geulub) is a South Korean multinational conglomerate company headquartered in Seoul, South Korea. It is the largest automobile manufacturer in South Korea, the second largest automaker in Asia after Toyota and the world's fourth largest automaker after General Motors, Volkswagen Group, and Toyota in 2011.[2] The group was formed through the purchase of 51% of South Korea's second-largest car company, Kia Motors, by Hyundai Motor Company in 1998. As of December 31, 2013, Hyundai owns 33.88%[3] of Kia Motors. The Hyundai Kia Automotive Group also refers to the group of affiliated companies interconnected by complex shareholding arrangements, with Hyundai Motor Company regarded as the de-facto representative of the group. It is the 2nd largest South Korean chaebol or conglomerate, after Samsung Group, related to other Hyundai-name industries following a specialized development split and restructuring which resulted in Hyundai Motor group, Hyundai Heavy Industries group, Hyundai Development group, Hyundai Department group, and Hyundai Marine and Fire Insurance group.

Major Affiliates

[4]

Automobile

Steel

Auto parts

Construction

Other Business and subsidiaries

Railroad and defense vehicles

Machine Tools and Heavy Industries

Advertising agencies

Technical development

Electrical holdings

Logistics

Information technology

Economy and finance

Travel resort

Sports marketing

Hyundai Motor Company

Kia Motors

Other Affiliate Teams

See also

References

External links

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